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Algeria sees no impact on investment after attack - ASHARQ AL-AWSAT English Archive
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(Reuters) – An attack by Islamist fighters at Algeria’s In Amenas gas complex will not prompt foreign energy firms to abandon investment in the country, Algerian Energy and Mines Minister Youcef Yousfi said on Monday.

“I don’t think foreign workers are leaving Algeria definitively. They have left just to reassure their families,” Yousfi told reporters in parliament.

“I don’t think foreign companies will leave definitively.” He said the fighters had tried to blow up the gas plant.

“Sonatrach’s executives halted production just after the start of the attack to avoid any impact of explosions. The terrorists tried to blow up the plant but in vain,” he said.

He said a decision on the start-up date of the plant could be made on Tuesday.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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